Siit E Fixed Fund Market Value
| SCOAX Fund | USD 8.73 0.01 0.11% |
| Symbol | Siit |
Siit Core 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Siit Core's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Siit Core.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Siit Core on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Siit E Fixed or generate 0.0% return on investment in Siit Core over 150 days. Siit Core is related to or competes with Americafirst Large, Qs Large, Qs Large, Fisher Large, Large-cap Growth, Transamerica Large, and Fidelity Large. Under normal circumstances, the fund will invest at least 80 percent of its net assets in fixed income securities More
Siit Core Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Siit Core's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Siit E Fixed upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.30) | |||
| Maximum Drawdown | 1.61 | |||
| Value At Risk | (0.57) | |||
| Potential Upside | 0.6826 |
Siit Core Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Siit Core's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siit Core's standard deviation. In reality, there are many statistical measures that can use Siit Core historical prices to predict the future Siit Core's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.16) |
Siit E Fixed Backtested Returns
Siit E Fixed owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the fund had a close to zero % return per unit of risk over the last 3 months. Siit E Fixed exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Siit Core's Risk Adjusted Performance of (0.03), coefficient of variation of (7,448), and Variance of 0.1182 to confirm the risk estimate we provide. The entity has a beta of 0.089, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Siit Core's returns are expected to increase less than the market. However, during the bear market, the loss of holding Siit Core is expected to be smaller as well.
Auto-correlation | 0.67 |
Good predictability
Siit E Fixed has good predictability. Overlapping area represents the amount of predictability between Siit Core time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Siit E Fixed price movement. The serial correlation of 0.67 indicates that around 67.0% of current Siit Core price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Siit E Fixed lagged returns against current returns
Autocorrelation, which is Siit Core mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Siit Core's mutual fund expected returns. We can calculate the autocorrelation of Siit Core returns to help us make a trade decision. For example, suppose you find that Siit Core has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Siit Core regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Siit Core mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siit Core mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siit Core mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Siit Core Lagged Returns
When evaluating Siit Core's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siit Core mutual fund have on its future price. Siit Core autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Siit Core autocorrelation shows the relationship between Siit Core mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Siit E Fixed.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Siit Mutual Fund
Siit Core financial ratios help investors to determine whether Siit Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Siit with respect to the benefits of owning Siit Core security.
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